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What’s a Reverse Mortgage?

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What goes up must come down,” so goes the saying. And, to that end, what goes forward must also go in reverse. Turns out the same also applies to mortgages, sort of. Except, instead of being a direct inverse from a “forward” mortgage, reverse mortgages are kind of their own special thing.
If you don’t read beyond this opening section, just remember that the big takeaway here is going to be that some reverse mortgages are good, some are bad and you need to always, always read the paperwork before signing on the dotted line. This goes doubly if your parents are considering a reverse mortgage and you’re going to be helping them deal with their finances as they age.
Reverse Mortgages and Their Bad Reputation When reverse mortgages were first becoming fairly popular, banks willing to make the loans proliferated. And so did con artists who took advantage of an aging population made of people who were often desperate to hold on to their homes or simply were medically incapable of understand…

April 2019 Vol 1 Iss 5

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Dedicated to serving 20 families in 2019!Different Paths to 'Attainable' Housing Housing developers recognize the broad demand among home buyers for modestly priced new-construction homes but differ with consumers on how the nation should boost its supply of so-called “attainable” housing, according to a report from the Urban Land Institute.Read More ARE YOU MOVING INTO THE AREA?
Looking for information about the area? My relocation package will quickly familiarize you with everything the surrounding area and communities have to offer. See why Atlanta is one of the most popular destinations in the Southeast to live, work, and play. Click Below to Get Started!

March 2019 Vol 1 Iss 4

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In This Month's Newsletter:Investor's Corner: Becoming A LandlordRelocating to Our CityDownload My Mobile AppUpcoming EventsWe Love ReferralsInvestor's Corner

Becoming A Landlord Buying your first rental property can be a secure and profitable investment, and the tax advantages for landlords can be quite compelling. You might be considering buying one or two homes or apartment buildings and self-managing them, but before taking the leap, be sure you understand all you can about how to become a landlord, including: Understanding your real estate investmentEstablishing your work style and scheduleMoney managementWhen to use a property management company For many people, being a landlord is a rewarding and profitable experience, but Read More ARE YOU MOVING INTO THE AREA?Looking for information about the area? My relocation package will quickly familiarize you with everything the surrounding area and communities have to offer. See why Atlanta is one of the most popular destinati…